Waste Connections, Inc.

WCN Industrials Waste Management

Waste Connections, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.5 billion, up 6.14% from fiscal 2024.

Revenue
+7.31%
EPS
+28.8%
Free cash flow
+2.74%
Total debt
+8.87%

Quarter to September 2026, against a year earlier

188.22 3.44 −1.79%
Market cap
$48.0B
P/E
42.7×
Fwd P/E
39.5×
Dividend yield
0.75%
F-score
6/9
Altman Z
3.11
Beneish M
−2.72
Dividend safety
79/100

Waste Connections, Inc. (WCN) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Waste Connections, Inc. (WCN) trades at a P/S ratio of 4.8×. Over the past ten years it has ranged from 1.2× (January 2015) to 6.1× (November 2021); the current reading is higher than 62% of that period. That is above the Waste Management industry median of 3.3× and above the Industrials sector median of 1.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 4.8× (3.95%)
FY2024 5.0× 3.99%
FY2023 4.8× 1.52%
FY2022 4.7× (18.75%)
FY2021 5.8× 16.72%
FY2020 5.0× 11.53%
FY2019 4.4× 11.77%
FY2018 4.0× (0.27%)
FY2017 4.0× 11.21%
FY2016 3.6× 144.71%

Quarterly newest first

Period P/S ratio Change
Sep 2026 3.9× (10.08%)
Jun 2026 4.3× 0.24%
Mar 2026 4.3× (9.44%)
Dec 2025 4.8× (1.30%)
43 more quarters

Against its own ten years

Low 1.2× High 6.1×
Ten-year median 4.7×
Current reading's percentile 58

P/S ratio against peers

Company P/S ratio
OIO ESGL Holdings Limited compare n/m
NVRI Enviri Corporation compare 0.3×
ONT Onterris, Inc. compare 0.9×
CLH Clean Harbors, Inc. compare 2.2×
CWST Casella Waste Systems, Inc. compare 3.2×
GFL GFL Environmental Inc. compare 3.3×
WM Waste Management, Inc. compare 3.7×
RSG Republic Services, Inc. compare 4.4×
WCN Waste Connections, Inc. 4.8×
Waste Management industry median 3.3×
Industrials sector median 1.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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